BlackRock California Municipal Income Trust (NYSE:BFZ – Get Free Report) announced a monthly dividend on Friday, January 2nd. Investors of record on Friday, February 6th will be given a dividend of 0.0507 per share on Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 5.4%. The ex-dividend date of this dividend is Friday, February 6th.
BlackRock California Municipal Income Trust Stock Performance
Shares of BFZ traded down $0.02 on Wednesday, hitting $11.22. 167,164 shares of the stock traded hands, compared to its average volume of 150,708. The stock’s 50 day moving average is $10.91 and its two-hundred day moving average is $10.80. BlackRock California Municipal Income Trust has a 1 year low of $10.17 and a 1 year high of $11.47.
BlackRock California Municipal Income Trust Company Profile
BlackRock California Municipal Income Trust (NYSE: BFZ) is a diversified, closed-end management investment company that seeks to provide high current income exempt from federal and California state income taxes. Launched and managed by BlackRock Advisors, LLC, the fund primarily invests in a portfolio of investment-grade municipal obligations issued by California state and local governments. Its holdings include general obligation bonds, revenue bonds and other limited-obligation securities that finance infrastructure and public services across the state.
The fund’s investment objective emphasizes tax-exempt income through active portfolio management.
Recommended Stories
- Five stocks we like better than BlackRock California Municipal Income Trust
- Wall Street Turns Bullish on USAU as Gold Hits New Record!
- Ray Dalio Says Buy Gold. I Say Get Paid Every Month From It
- “Fed Proof” Your Bank Account with THESE 4 Simple Steps
- What a Former CIA Agent Knows About the Coming Collapse
- NEW LAW: Congress Approves Setup For Digital Dollar?
Receive News & Ratings for BlackRock California Municipal Income Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackRock California Municipal Income Trust and related companies with MarketBeat.com's FREE daily email newsletter.
